The effects of seaport efficiency on trade performance in Africa
Enock Ayesu (ayesu.enock@yahoo.com),
Daniel Sakyi (dsakyi.cass@knust.edu.gh) and
Samuel Tawiah Baidoo
Maritime Policy & Management, 2024, vol. 51, issue 3, 420-441
Abstract:
Seaports and their efficiency remain essential for the success of international trade globally. Notwithstanding this outcome, there is no empirical evidence on how seaport efficiency affect trade performance in Africa. This paper presents an empirical evidence of the effects of seaport efficiency on trade performance in Africa. To do so, we use data on 33 African countries for the period 2006 to 2018 and employ the gravity model for the empirical analysis. The results show that seaport efficiency enhances trade performance in Africa; the greater the level of seaport efficiency, the larger the extent of trade performance. Based on this finding, it is recommended that policy reforms that improve the efficiency of seaports in Africa should be targeted by policymakers.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:taf:marpmg:v:51:y:2024:i:3:p:420-441
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DOI: 10.1080/03088839.2022.2135178
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